Q.
Is it true that I will need to “spend down” the
bulk of my estate before I can qualify for
Medicaid?

A. No. It is a very common
misconception that you must spend nearly all of
your estate on nursing home costs before you can
obtain Medicaid coverage. Our firm has
frequently procured Medicaid qualification for
individuals within 30 to 60 days, regardless of
the size of his or her estate. With proper
planning, you too may preserve your estate from
the high costs of nursing home and medical
care. However, due to the complexity of the
state laws regarding Medicaid, qualifying for
Medicaid with a large estate is a complicated
matter that should involve the aid of an
attorney with expertise in Medicaid and estate
planning.